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Hello Traders,
I have been fiddling with the idea of applying the same model used to predict Financial Markets to Economic Data.This is my first attempt at applying the model to such data publicly. Consider this post an experiment.
Taking into consideration some fundamentals (and a little bit of rationalizing); Since the auto industry bail outs of 2008-2009 ...

When we look at auto sales, do we adjust for the number of people in America?
If you see the lower chart, you can see we are just over the trend in Light Vehicle sales. The trend is 16 million and we hit 18 million and backed off to 17 million recently.
It sure looks like the number of cars sold "per person" in the USA is down dramatically over the last 40 ...